Crypto Disaster: My $3M Stolen & No One Cares 😩

by

Another crypto hack? Of course. Why is everyone so surprised? It’s crypto, not a piggy bank! Some schmuck in the US lost $3 million. Congrats, you’re now part of the “I trusted a wallet” club. 🎉

According to this guy ZachXBT (who probably has a PhD in “I can trace money better than your GPS”), the hacker siphoned funds via Bridgers and then tried to launder them through Huione’s OTC desks. Genius move, right? Or is it just another Tuesday in crypto-land? 🤷

This further underscores the epidemic of hackers and cybercriminals in the crypto space. Surprise, surprise! Did anyone actually think storing life savings on a wallet named “Ellipal” was safe? 🤡

Crypto Hacker Utilizes Huione-linked OTCs to Launder Funds

A video surfaced on YouTube featuring a US crypto user who claimed he lost 1.2 million XRP

XRP
$2.44

24h volatility:
1.6%

Market cap:
$146.25 B

Vol. 24h:
$3.53 B

. At the time, that was his “whole retirement.” Wow, what a thrilling way to fund your golden years! 💸

Based on the current $2.46 price of the coin, the stolen stash is now worth ~$2.95 million. But hey, at least it’s down from $3.05 million! Progress! 🎉

In the victim’s words, “That was our whole retirement for my wife and I.” Dramatic much? You could’ve just bought a cheaper house. 🏡

1/ A video went viral on YT this week after a US based victim lost $3.05M (1.2M XRP) from their Ellipal wallet.

Here’s the tracing of where the stolen funds ended up and the biggest takeaways for similar thefts.

– ZachXBT (@zachxbt) October 19, 2025

ZachXBT tracked the hacker’s address and confirmed the funds went through bridges and OTC venues tied to Huione. He even mapped 120 Ripple to Tron

TRX
$0.32

24h volatility:
0.9%

Market cap:
$30.42 B

Vol. 24h:
$618.12 M

swaps. October 12, then October 15-what a thrilling timeline! 🕵️

Huione, the Cambodian-based “laundering hub,” has been making headlines. Their OTCs are so popular, even criminals can’t resist them. 🤝

In July 2024, Elliptic accused Huione Guarantee of money laundering. But hey, they’re just a “hub for criminal activities”-not like they’re doing it on purpose or anything. 🧐

Kampong Speu authorities blocked 102 websites in 2024. Great job, Cambodia! Now maybe they’ll finally fix their roads. 🚗

Chinese Businessman Accused of $14 Billion Fraud

Globally, authorities are scrambling to secure crypto. Too late, though. The damage is done. 🚨

Last week, the US tried to seize 127,271 Bitcoin

BTC
$110 483

24h volatility:
1.7%

Market cap:
$2.20 T

Vol. 24h:
$58.92 B

linked to Chen Zhi. That’s $14 billion in “pig-butchering” fraud. What a charming operation! 🐖

US authorities say Chen orchestrated one of the largest frauds ever. Or maybe he just got creative with his taxes. 🧾

Read More

2025-10-20 20:41